Hota Mechanical and Electrical Co., Ltd.

Announcement on Abnormal Fluctuations in Company Stock Trading

Pre-disclosure announcement on the reduction of shares by shareholders holding more than 5%

Announcement of Resolutions from the 15th Meeting of the 2nd Board of Directors

The 15th Meeting of the 2nd Board of Directors of Hangzhou Hetai Electromechanical Co., Ltd. was held on April 29, 2026, with all 7 directors present. The board approved the First Quarter Report of 2026 with unanimous support. The meeting complied with all legal requirements, ensuring its validity. This announcement serves to disclose the resolutions made during the meeting.

First quarter report of 2026

Legal opinion of the 2025 annual shareholders' meeting

Announcement of the resolution of the 2025 annual shareholders' meeting

Announcement on the change of the sponsor representative for continuous supervision

Announcement on the progress of using part of idle own funds and raised funds for cash management

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. on Hetai Electromechanical's 2025 annual sponsorship work report

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. on the sponsorship summary report for the initial public offering and listing of Hengtai Electromechanical

Announcement on holding the 2025 annual results briefing and soliciting questions

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. on the verification opinion of Hetai Electromechanical on the use of part of idle raised funds for cash management

Announcement on the use of part of idle own funds and raised funds for cash management

Announcement on the Reappointment of Accounting Firm

Hangzhou Hetai Electromechanical Co., Ltd. announced the reappointment of Tianjian Certified Public Accountants as its auditing firm for 2026, following approval from the board of directors with a unanimous vote. The audit fee for 2025 is set at 610,000 yuan, and the proposal will be submitted for approval at the upcoming shareholders' meeting. Tianjian has demonstrated sufficient qualifications and integrity, ensuring compliance with relevant regulations.

2025 Annual Board of Directors Work Report

The 2025 Annual Board of Directors Work Report for Hangzhou Hetai Electromechanical Co., Ltd. outlines the company's adherence to legal and regulatory requirements while addressing challenges in the real estate and cement industries. The company reported operating revenue of 238.842 million yuan, a 4.77% decrease, and a net profit of 34.1018 million yuan, down 40.73% year-on-year. The Board held six meetings to approve key proposals, including a restricted stock incentive plan and amendments to governance documents, ensuring effective corporate governance.

Announcement on the 2026 remuneration plan for directors and senior management

2025 Independent Director Debriefing Report (Fu Jianzhong)

2025 Annual Report of Independent Director (Yao Minglong)

In the 2025 Annual Report, Independent Director Yao Minglong outlines his diligent performance, including full attendance at board and shareholder meetings, and active participation in the Audit and Remuneration Committees. He emphasizes compliance with legal requirements and safeguarding shareholder interests, particularly for minority shareholders. Key decisions include approving estimated daily related party transactions not exceeding 800,000 yuan and 2,200,000 yuan for different entities, ensuring transparency and fairness in operations.

2025 Independent Director Debriefing Report (Han Lingli)

Guolian Minsheng Securities' Verification Opinion on Hengtai Electromechanical's 2025 Internal Control Evaluation Report

Guolian Minsheng Securities conducted a thorough verification of Hengtai Electromechanical's Internal Control Evaluation Report for 2025, ensuring compliance with relevant regulations. The evaluation covered all major units and high-risk areas, confirming the effectiveness of the company's governance, organizational structure, and internal audit processes. Key findings highlighted the establishment of a robust corporate governance framework and effective risk management systems, supporting the company's operational integrity and financial reporting accuracy.

Internal control audit report

2025 Internal Control Evaluation Report

The 2025 Internal Control Evaluation Report for Hangzhou Hetai Electromechanical Co., Ltd. outlines the company's adherence to internal control standards and its commitment to transparency and risk management. Key systems established include financial reporting, contract management, and procurement management, ensuring operational safety and compliance with regulations. The report emphasizes the company's corporate culture focused on integrity and customer satisfaction, and confirms that there are no external guarantees as of the end of 2025.

The company's shareholder return plan for the next three years (2026-2028).

Remuneration Management System for Directors and Senior Management (March 2026)

Articles of Association (March 2026)

Announcement on the repurchase and cancellation of some restricted shares to reduce the registered capital and notify creditors

Announcement on changing the registered capital of the company, amending the Articles of Association and handling the registration of industrial and commercial changes

Announcement on Asset Impairment Provision for 2025

Hangzhou Hetai Electromechanical Co., Ltd. announced a provision for asset impairment of RMB 5,645,072.02 for the year 2025, as approved by the Board of Directors on March 26, 2026. This provision reflects a comprehensive review of receivables, inventories, and non-current assets to ensure accurate financial reporting. The impairment will reduce the company's total profit and owners' equity for 2025, aligning with accounting standards and safeguarding shareholder interests.

Legal opinion of Zhejiang Tiance Law Firm on the failure to achieve the first lifting of the restriction period of the 2025 restricted stock incentive plan of Hetai Electromechanical and the repurchase and cancellation of some restricted shares

The verification opinions of the Remuneration and Appraisal Committee of the Second Board of Directors on the failure to achieve the first lifting of the restriction period and the repurchase and cancellation of some restricted shares in the first lifting period of the restricted stock incentive plan in 2025

Announcement on the Buyback and Cancellation of Restricted Stocks Due to Unmet Conditions

Hangzhou Hetai Electromechanical Co., Ltd. announced the repurchase and cancellation of 296,000 shares of restricted stock due to unmet performance conditions in its 2025 Restricted Stock Incentive Plan and the voluntary resignation of one incentive object. The repurchase will cost approximately 5,109,900 yuan, funded by the company's own resources. This decision, approved by the Board of Directors, will not significantly impact the company's financial condition or operations.

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. on the annual deposit, management and use of funds raised by Hetai Electromechanical in 2025

Announcement on the expected daily related party transactions in 2026

Announcement on the Company and its Subsidiaries Applying for Comprehensive Credit Lines from Banks and Providing Guarantees for Subsidiaries

Notice on convening the 2025 annual shareholders' meeting

Announcement of Resolutions from the 14th Meeting of the Second Board of Directors

The 14th Meeting of the 2nd Board of Directors of Hangzhou Hetai Electromechanical Co., Ltd. approved several key proposals, including the 2025 Annual General Manager's Work Report and the 2025 Annual Financial Settlement Report, which showed a decrease in operating income to 238.842 million yuan and a net profit of 34.1018 million yuan. The board also approved a 5,645,072.02 yuan asset impairment provision and reappointed Tianjian Certified Public Accountants for 2026. All proposals will be submitted to the 2025 Annual General Meeting of Shareholders for deliberation.

2025 Profit Distribution Plan Announcement

Hangzhou Hetai Electromechanical Co., Ltd. announced its 2025 Profit Distribution Plan, proposing a cash dividend of 10 yuan per share, totaling 20,458,089.60 yuan, which represents 59.99% of the net profit attributable to shareholders. The plan was approved by the Audit Committee and the Board of Directors and will be subject to shareholder approval at the 2025 Annual General Meeting. The company aims to enhance shareholder returns while maintaining a strong financial position.

Special report on the annual deposit, management and use of raised funds

Attestation Report on the Annual Deposit, Management, and Use of Raised Funds

Special Review Opinion on Non-Recurring Gains and Losses

The document presents a special review opinion on the non-recurring gains and losses of Hangzhou Hetai Electromechanical Co., Ltd. for the year 2025. The audit confirms that the detailed statement complies with relevant regulations and accurately reflects the company's financial situation. Key figures include total non-recurring gains and losses amounting to 10,269,761.23 Renminbi Yuan, primarily from government subsidies and financial product gains. The report is intended for inclusion in the company's annual report.

2025 Accounting Firm Performance Evaluation Report and Audit Committee Performance Supervision Duties Report

Special audit description of annual non-operating capital occupation and other related capital transactions

Summary Table of Non-Fund Occupation and Other Related Fund Transactions

Special report of the board of directors on the self-examination of the independence of independent directors

2025 annual audit report

2025 Annual Report

Summary of the 2025 Annual Report

Announcement Regarding Abnormal Fluctuation in Company Stock Trading

Announcement on the Expiration and Implementation of the Share Reduction Plan by Shareholders Holding 5% or More of the Shares

Announcement on the Actual Controller and Parties Acting in Concert Renewing the Concerted Action Agreement

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. on the extension of some of the investment projects raised by Hetai Electromechanical

Announcement on the postponement of some raised funds investment projects

Announcement of the resolution of the 13th meeting of the second board of directors

2025 annual performance forecast

Progress Announcement on Using Part of Idle Own Funds and Raised Funds for Cash Management

Announcement on the wholly-owned subsidiary once again passing the recognition of high-tech enterprises

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. on the 2025 continuous supervision of Hetai Electromechanical's on-site training report

Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd. on the regular on-site inspection report of Hetai Electromechanical in 2025

Announcement on the reduction of shares by shareholders holding more than 5% of the shares to touch an integer multiple of 1%

Announcement on Abnormal Fluctuation in Company Stock Trading

Announcement on the progress of using part of idle own funds and raised funds for cash management

Pre-disclosure announcement on the reduction of shares by shareholders holding more than 5% of the shares